Global Open Source Services Market

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Analysis of Global Open Source
Services Market, By End User, Service,
Industry and Geography - Global
Industry Insights, Trends, Outlook and
Opportunity Analysis, 2017-2025
Major factors driving growth of the open source services market include increasing
number open source foundations and the expansion in open source licensing choices.
Software such as Blender (3D modeling software), LibreCAD (2D CAD software), and
SimPy automatically benefit from copyright protection, providing the developer control
over permission to make copies of the derivatives. Open source services provide
companies the benefit of cost-effectiveness, and enhanced security and quality. Open
source software do not include charges such as multi-user fees, administration fees,
and upgrading costs. Adoption of open source services is increasing, as it supports
financial savings of businesses by reducing operating costs and budgets, as well as
enables allocation of more finances on beneficial enterprise services associated with
OSS, including user training, support, and custom development. Demand for open
source is increasing, as it is a proven essential tool for enterprise IT revolution,
operational effectiveness, and business value formation. This in turn, is increasing
growth of the open source services market.
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Global Open Source Services Market: Regional Insights
The open source service market is segmented on the basis of region, into North
America, Asia Pacific (APAC), Latin America, Europe, Middle East, and Africa. North
America is estimated to hold the largest market share in 2017, and the region is
expected to retain its dominance throughout the forecast period. The U.S. being an
early adopter of open source services, it is the leading country in the market with
several enterprises such as HPE, Cisco Systems, Inc., and Red Hat working with
several open source management projects to enhance enterprise capabilities. For
example, in October 2017, Red Hat partnered with Alibaba Cloud to strengthen its
customer base by building global cloud customers. In June 2017, Red Hat introduced
industry’s first production-ready fully open source Red Hat HCI solution. Increasing
adoption of big data and automation by various companies is expected to drive growth
of the market in this region. In Latin America, companies such as KIO networks
(Mexico), are adopting cloud-based open services to improve its operational productivity
and efficiency.
Building an application from open-source software (OSS) components requires more of
integration work such as data management, data synchronization, load balancing,
automatic failover, collaboration tools etc. Major challenges faced by the open source
services include architectural and operational complexities. For instance, organizations
must deal with new software source which include commercial and non-commercial
suppliers. Such compliance norms act as a major hurdle for initiating the modern
process.
Open Source Services Market: Competitive Background
The open source services market comprises major players such as Red Hat, Inc. (U.S.),
Accenture PLC (Ireland), Asysco, Bell Integrator, Inc., Capgemini SE, Cognizant, Fujitsu
Ltd, Wipro Ltd. (India), IBM Corporation (U.S.), Infosys (India), Macrosoft Inc. , Micro
Focus International plc., Tech Mahindra, UST Global, Cisco Systems, Inc. (U.S.), Atos
Information Technology Incorporated (France), HCL Technologies Ltd (India), HPE
(U.S.), and Oracle Corporation (U.S.).
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